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Akriti Swaroop, CFA Profile picture
@SwaroopAkriti
Aug 6 • 6 tweets • 2 min read Twitter logo Read on Twitter
E2E NETWORKS

Curated bulk deal:
In Jul '23, India Equity Fund 1 bought 1L shares at INR 171/share, aggregating to INR 1.8 Cr.

Company was first covered by Sovrenn on 8th Feb 2023.

To be on top of interesting events in the small and micrcoap space, subscribe today to… https://t.co/FTl6uQidzktwitter.com/i/web/status/1…
Image
Mar '23 results:

For 4QFY23, Sales increased by 24% from INR 14.2 Cr to INR 17.6 Cr. Net Profit increased by 25% over the same period from INR 2 Cr to INR 2.5 Cr.

(2/n)
Order from IIT Madras:

In Mar '23, Company intimated that it is in receipt of work order worth INR 2.8 Cr from IIT Madras in Cloud Services for Deep Learning (Training) & Interference / Production.

(3/n)
Business:

E2E Networks is the 6th largest IAAS platform in India. It began its journey in 2009 as a contract-less computing player targeting the value conscious segment of customers, especially startups. Currently, E2E Networks is the largest NSE listed Cloud Infrastructure… twitter.com/i/web/status/1…
Clients:

Some of its clients include IIT Bombay, IIT Madras, Manipal University, Zomato, Jabong, CarDekho, Cars 24.

(5/n)
Sovrenn wishes to become every retail investor's knowledge partner in their investment journey. Subscribe today to 2 months trial at just INR 400!!

(n/n)sovrenn.com

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More from @SwaroopAkriti

Akriti Swaroop, CFA Profile picture
Jul 28
EXHICON

Management of one of the oldest horse fairs in India:

In Jul '23, Company signed an MoU with Chetak Equine Development to co-organize the show named Sarangkheda Chetak Festival for the upcoming 10 years. The Sarangkheda Chetak Festival is one of the oldest horse fairs… twitter.com/i/web/status/1…
Acquisition of company in the B2B database research and management space:

In Jul '23, BoD approved the acquisition of 100% stake in Impulse B2B Solutions and Associates. Target is engaged in the business of B2B database research and management serving exhibition organisers,… twitter.com/i/web/status/1…
Exclusive agreement with a business-matching and networking platform:

In Jul '23, Exhicon signed an exclusive agreement with Appsaya Malaysia to serve B2B exhibition organizers in India. Appsaya is a business-matching and networking platform for virtual, physical and hybrid… twitter.com/i/web/status/1…
Read 12 tweets
Akriti Swaroop, CFA Profile picture
Jul 27
SOM DISTILLERIES

Fund raise:

In Jul '23, BoD approved raising of funds through Issue of Convertible Equity Warrants to the Promoters, Promoter Group and Other Public Investors on Preferential Basis by issuing up to 51.5L Warrants at INR 275/warrant, aggregating to INR 140 Cr.… twitter.com/i/web/status/1…
Promoter buying:

On 30th June 2023, Jagdish Arora bought 20k shares at INR 266/share, aggregating to INR 53L. Earlier in the month of June 2023, Deepak Arora bought 80k shares, at an average price of INR 251/share, aggregating to INR 2 Cr.

Promoters also bought INR 1 Cr worth… twitter.com/i/web/status/1…
Big Partnership:

In Jun '23, Carlsberg India started production in Som’s state-of-the-art plant in Odisha, marking a significant milestone in Som’s Expansion Plan.

Earlier in May '23, Company announced its tie-up with Carlsberg wherein Som’s state-of-the-art plant in Odisha… twitter.com/i/web/status/1…
Read 7 tweets
Akriti Swaroop, CFA Profile picture
Jul 27
ELECON ENGINEERING

Revenue guidance and order book:

Company maintains its revenue guidance of INR 2,000 Cr by FY24 with an EBIDTA margin of ~22%. This translates to 31% increase in sales in FY24 over FY23.

Total order book in hand as on 30th Jun 2023 is INR 793 Cr, with… twitter.com/i/web/status/1…
Jun '23 results:

For the quarter ending Jun-23, Sales increased by 26% YoY from INR 328 Cr to INR 414 Cr. Net Profit increased by 74% YoY over the same period from INR 42 Cr to INR 73 Cr. However, there was a slight dip in QoQ sales from INR 425 Cr to INR 414 Cr.

(2/n)
International business update:

Signed off on five OEM business in European market with an estimated annual business volume of approximately Euro 5 million. Will be setting up a wholly owned step-down subsidiary in South Africa to cater demand for products in the African… twitter.com/i/web/status/1…
Read 6 tweets
Akriti Swaroop, CFA Profile picture
Jul 27
AURIONPRO

Order book and revenue guidance:

As per the management, the demand environment for Company’s core offerings remains strong and it is well placed to deliver on its guidance of 30-35% growth for FY24.

Company has an order book of INR 800 Cr + (next 4 quarters).

To… twitter.com/i/web/status/1…
Jun '23 results:

Excellent results for the quarter ending Jun-23, sales up 37% YoY from INR 145 Cr to INR 199 Cr. Over the same period, net profit up 31% from INR 24.2 Cr to INR 31.6 Cr.

(2/n)
Preferential:

In Jun '23, BoD approve the allotment of 3L shares at INR 880/share, aggregating to INR 26.4 Cr on preferential basis. BoD also approved the allotment of 5L warrants at INR 880/warrant, aggregating to INR 44 Cr on preferential basis.

(3/n)
Read 9 tweets
Akriti Swaroop, CFA Profile picture
Jul 27
RAMKRISHNA FORGINGS

Capacity outlook:

Installed capacity stood at 1,87,100T as on 30th Jun 2023. Subsequently, 23,800T of capacity has been commissioned effective 18th July 2023. Another 32,500T will be commissioned by Sep 2023.

The Company is also planning to set up cold… twitter.com/i/web/status/1…
Debt outlook:

Company is actively working towards reducing debt burden, targeting a Debt to EBITDA of 1:1 by FY25 from 1.6x currently. This disciplined approach will strengthen its financial position, reduce risks, and provide it with flexibility to pursue growth opportunities.… twitter.com/i/web/status/1…
Jun '23 results:

For the quarter ending Jun ‘23, Sales up by 28% YoY from INR 699 Cr to INR 892 Cr. Net Profit increased by 53% from INR 51.4 Cr to INR 78.5 Cr over the same period.

(3/n)
Read 9 tweets
Akriti Swaroop, CFA Profile picture
Jul 26
Premier Explosives:

Order Book of INR 1,108 Cr (5.5x of FY23 revenues), of which order inflow YTD FY24 was INR 725 Cr. Total order is expected to be completed in the next 12-18 months. Of total order, Defence is INR 908 Cr and Domestic is 87%. Going forward, Company targets to… twitter.com/i/web/status/1…
Incorporated in 1980, Premier Explosives is engaged in the business of manufacturing explosives and detonators with totally indigenous technology. It has widest range of products and technologies including Emulsion and Slurry Explosives, LD Cartridge Explosives, Bulk Explosives,… twitter.com/i/web/status/1…
For the quarter ending Jun-23, sales up 20% YoY from INR 51.8 Cr to INR 62.0 Cr and net profit up 6.4x from INR 1.3 Cr to INR 8.3 Cr over the same period.

(3/n)
Read 8 tweets

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